21 New Shale Well Permits Issued for PA-OH-WV Jun 6-12
The Marcellus/Utica is still struggling to get permit numbers into higher brackets. Three weeks ago a pathetically low six new permits were issued to drill shale wells across Pennsylvania, Ohio, and West Virginia (see 6 New Shale Well Permits Issued for PA-OH-WV May 23-29). Two weeks ago the number improved–with 20 new permits issued (see 20 New Shale Well Permits Issued for PA-OH-WV May 30-Jun 5). Last week, for June 6-12, the number increased by one, to 21 new permits issued. Anemic, but improving.
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A month ago MDN brought you the news that UGI Corporation, one of Pennsylvania’s largest natural gas utility companies, had cut a deal to buy the Stonehenge Appalachia Midstream natural gas gathering system in Butler County, PA, for $190 million (see
PennEnergy Resources LLC, which according to the Pittsburgh Business Times is the 11th largest shale driller in Pennsylvania (with 405 active shale wells), has achieved responsibly sourced natural gas certification from Project Canary on nearly all of its wells. Project Canary has issued its top “Gold” and “Platinum” ratings on 375 of PennEnergy’s wells.
Last September UGI Corporation, one of Pennsylvania’s largest natural gas utility companies, completed a deal to buy Mountaineer Gas Company, one of West Virginia’s largest natural gas utility companies, for $540 million (see
Energy Transfer’s (ET) Revolution Pipeline in southwestern Pennsylvania runs through Bulter, Beaver, Allegheny, and Washington counties. The 24-inch gathering pipeline shifted and exploded in September 2018, just as it was entering service (see
Last week Pennsylvania issued 21 permits to drill new shale wells. Most of the permits went to two well pads, one in Butler County drilled by PennEnergy Resources and the other in Tioga County drilled by Repsol. Ohio issued six new permits, three to Encino Energy, two to Utica Resource Operating, and one to Ascent Resources. West Virginia, for the second week in a row, issued just one new permit. Last week’s WV permit went to Tug Hill Operating in Marshall County.